🚀 Altcoin Market Update 📊
Market Overview
The search popularity for altcoin season has plummeted by 86%, dropping from 100 points to 18 points, reflecting a cooling market sentiment 📉
Popular Coin Recommendations ⭐
SOL Ecosystem Explodes 🔥
LIGHT token skyrocketed 550% in a week, with a market cap exceeding $200 million
Heaven Launcher created 8.97k tokens in a single day, capturing 28% of the Solana market share
Bitget has newly listed meme coins such as outlier, yzy, HORNY, and Halo
Key Technical Analysis 📈
ETH: $4223, RSI 55.46 indicates a rebound signal
SOL: $181.54, daily RSI 51.15 is neutral to strong
ADA: $0.855, hourly RSI 38.77 in the oversold region
Institutional Movements 💰
Everything Blockchain is positioning in a blue-chip portfolio of BTC, ETH, SOL, and XRP
Fasanara Capital made a $12 million profit by shorting on Hyperliquid
AMTD launched a cryptocurrency to stock exchange program
Trading Suggestions 🎯
Focus on opportunities in Solana ecosystem meme coins, with new coins like LIGHT showing short-term explosive potential. The technicals for ETH show a rebound signal, consider accumulating on dips.